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ICP Signs Supply Agreement With Shanghai Electric Solar Energy

Posted on: Monday, 24 December 2007, 06:00 CST

ICP Solar Technologies, a developer, manufacturer and marketer of solar cells and products, has signed a two year supply agreement with Shanghai Electric Solar Energy.

The company believes that the deal will ensure timely supply of solar modules at favorable prices and payment conditions in a market of tight supply.

Sass Peress, chairman and CEO of ICP Solar, said: "This two year agreement enhances our position as a developer of innovative solar solutions. Coupled with the company's existing supply agreements, the company has now secured a majority of solar cell requirements for its 2008 planned production."


Source: Datamonitor

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